Dogecoin Price Forecast: Will DOGE Hit $1 Before 2025 Ends?

The Dogecoin price has retreated from its late July peak of $0.28, currently testing crucial support near $0.20. Despite this short-term dip, the memecoin's overall outlook remains structurally bullish.

Several chart patterns and expert analyses suggest a potential rally towards the highly anticipated $1 mark before the end of 2025.

Dogecoin Price Tests Support Amid Market Uncertainty

Dogecoin is currently trading around $0.207, having dipped below the 50-day and 200-day exponential moving averages. This price action is influenced by recent macroeconomic factors, creating a risk-averse environment where capital is flowing from higher-risk cryptocurrencies to safer assets. Consequently, the DOGE price is under pressure, and traders are closely monitoring these support levels for signs of a potential reversal.

RSI Indicates Potential Reversal on 4-Hour Chart

Despite the recent decline, momentum indicators on shorter timeframes hint at a possible bullish reversal. Analysis of the 4-hour DOGE price chart reveals that the Relative Strength Index (RSI) has bounced above 50, often an early indication of a shift in momentum. This "reversal spike" suggests that the memecoin could be entering a new mid-term uptrend as buyers begin to re-enter the market. Observers are now awaiting confirmation of this trend in the coming days.

Trendline Support and Wedge Formation Support $1 Price Target

Looking at the daily chart, Dogecoin price prediction models remain optimistic. The coin continues to respect a rising trendline support while facing resistance. Analysts believe this technical setup favors a gradual recovery.

The weekly DOGE price chart displays a broadening ascending wedge, a pattern typically considered bullish. If DOGE breaks above $1 as anticipated, projections extend towards $1.4 by year-end. These levels are supported by long-term price action that has consistently respected bullish structure over several months.

"Smart Money" Eyes Long-Term Dogecoin Rally

While retail sentiment remains mixed, the overall Dogecoin price forecast indicates that "smart money" may be quietly accumulating. The convergence of bullish signals across different timeframes, from the 4-hour RSI recovery to the broadening wedge on the weekly chart, strengthens the case for a sustained upward movement.

If momentum continues to build, the Dogecoin price could quickly reclaim its July highs and advance towards psychological resistance zones at $0.40, $0.60, and ultimately, the sought-after $1 level.